‘Yen Carry Trade’ Blamed for Global Market Rout, Jump Crypto’s ETH Sale Worsens Ether Plunge

Bitcoin com 1 year ago 307

'Yen Carry Trade' Blamed for Global Market Rout, Jump Crypto's <a href='https://market.bitrss.com/coin/ethereum' rel='noopener' target='_blank' class='crypto-highlight' title='ETH Market Overview'>ETH ($2,953.53)</a> Sale Worsens Ether Plunge

The narrowing Japanese “yen carry trade” has been blamed for the Aug. 5 global market downturn that sent stock markets and top cryptocurrencies like bitcoin and ethereum plunging by double-digit figures. Some experts cite the disappointing U.S. jobs data and Mt Gox-related selling as factors contributing to the decline. Nikkei Posts Worst Single-Day Loss In […]

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